Cisco returns higher - Analysis - 27-11-2019

Economies.com
2019-11-27 14:24PM UTC

Cisco's stock returned lower after trying to vent off oversold saturation, while trading below the 50-day SMA and alongside the downward correctional trend line in the short term. 

 

Therefore we expect more losses, targeting the first support at 42.90. 

 

Expected trend for today: Bearish 

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